February 2012 Blog Posts (5)

A lot of people are bewildered in defining offshoring and outsourcing. It’s a fact that even those people employed under a business process outsourcing company are not familiar with their meaning. Most of the people thought that offshoring and outsourcing are two synonymous words. Now, let us determine and understand the difference between these two sensational words in business world.

Business…

Outsourcing has been a highly debated term in many countries over the past few years. Whether people like it or not, outsourcing has made deep impact on many economies. It’s not just the destination countries that have benefited from it; the job provider west has also earned a lot through outsourcing. However, with increase in protests against globalization & outsourcing and demand to generation of employment in native countries, some people say that…

Eyes of the world will surely be on the US presidential elections in 2012. The talk of the various issues for these elections is already floating in the world economy with candidacies being announced by the parties. Campaigns are getting into the full swing and the present condition of US economy will inevitably find its place in the debates. Moreover, the unemployment figures are still very high and Americans are far from being satisfied on how the scenario is. Notably, there have been…

With the improvement in Sri Lanka’s value proposition in IT/BPO, the country is clearly emerging as a global sourcing destination in the region, reports The Nation. The positive socio-political developments driven by the country’s improving security conditions have been highlighted as key reasons for attracting more companies focussed on FAO (finance and accounting outsourcing) and Software Development, in addition to the vast pool of accountants and software engineers in Sri…